Liverpool FC & Tesco Plc: now at rock bottom?

Being a fan of Liverpool FC must be a bit like how Warren Buffett feels with his investment in Tesco Plc. Just when you think things can’t get any worse, they do! After falling from a high of 335.75p in February, the share price fell another 24% last week to 165.75p after the company issued its fourth profit warning in five months (see Tesco stock chart below). As for Liverpool, knock-out from the Champions League followed by defeat to bitter rivals Manchester United has added to a miserable season that began with such hope. Like Buffet I am hoping that we have finally seen the bottom!